The Cancer Tumor Profiling Market is expected to reach USD 31.99 Billion by 2027, according to a new report by Emergen Research. This market's growth is attributed to the increasing use of biomarkers in cancer profiling, eventually rising adoption of proteomic methods for biomarker research, thus helping to increase the drug development process over the estimated period. The growing demand for personalized medicine and the rise in cancer incidence across the globe is augmenting the demand for the industry. According to the World Health Organization (WHO), Lung and Breast cancer is a common type of cancer, with around 2.09 million cases every year. The growing demand for cancer tumor profiling is driving the market for the estimated period.

The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Cancer Tumor Profiling market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Cancer Tumor Profiling market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Caris Life Sciences, Foundation Medicine, GenomeDX, Genomic Health, Guardant Health, Helomics Corporation, HTG Molecular Diagnostics, Inc., Nanostring Technologies, Neogenomics Inc., Oxford Gene Technology, Qiagen N.V., Ribomed Biotechnologies.

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Emergen Research has segmented the global Cancer Tumor Profiling market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

• Technique Type Outlook (Revenue, USD Billion; 2017-2027)

  • Genomics
  • Epigenetics
  • Metabolomics
  • Proteomics

• Technology Outlook (Revenue, USD Billion; 2017-2027)

  • Immunoassays
  • In Situ Hybridization
    1. Fluorescence In Situ Hybridization (FISH)
    2. Chromogenic In Situ Hybridization (CISH)
  • Microarray
  • Polymerase Chain Reaction (PCR)
  • Sequencing Technologies
    1. Next Generation Sequencing(NGS)
    2. Pyro Sequencing
    3. Sanger Sequencing
  • Other Technologies

• Application Outlook (Revenue, USD Billion; 2017-2027)

  • Research Application
    1. Biomarker Discovery
    2. Personalized Cancer Medicine
  • Clinical Application
    1. Oncological Diagnostics
    2. Prognostics
    3. Monitoring and Treatment
    4. Screening

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Cancer Tumor Profiling Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Cancer Tumor Profiling Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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